This is a blog on economics and politics from the perspective of a microeconomist of the Austrian school of thought who works in market research.

Monday, December 16, 2013

France is on the brink of an official recession. Again. « Hot Air

France is on the brink of an official recession. Again. « Hot Air: "It wasn’t so very long ago that France’s Socialist ministers were making what sounded like such confident predictions about how it was only a matter of time before their economy would be back in the money (relatively speaking, of course — a day and age in which a few tenths of a percentage of GDP growth is something to celebrate… well, yikes), but the third quarter’s results brought them some bad news in the form of an “unexpected” return to economic contraction by 0.1 percent."